Shares of Apple fell by as much as 7% in after-hours trading Wednesday, following the news that Steve Jobs was resigning as CEO, effective immediately.
Trading in Apple had been halted prior to the news, which was revealed in a statement by Apple around 6:34 p.m. ET. As of 6:59 p.m. ET, with shares once again trading, Apple was down more than $20 per share at $356.